Company Valuation: Etropal AD

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 29 28.74 28.76 31 23 21.55
Change - -0.89% 0.06% 7.78% -25.81% -6.28%
Enterprise Value (EV) 1 34.23 33.85 32.01 35.9 27.08 25.62
Change - -1.1% -5.44% 12.16% -24.58% -5.37%
P/E 1,036x 1,513x -8.36x -60.7x -129x 247x
PBR 5.55x 5.48x 3.23x 3.76x 2.8x 2.59x
PEG - -47.1x 0x 0.7x 2x -2x
Capitalization / Revenue 4.26x 3.79x 2.45x 4.6x 2.05x 1.37x
EV / Revenue 5.02x 4.46x 2.73x 5.32x 2.42x 1.63x
EV / EBITDA 39.5x 57.2x -11.8x 94.2x 25.1x 21.6x
EV / EBIT 104x 537x -9.81x -70.3x 138x 83.5x
EV / FCF -76.9x -27.1x 24x -62.2x 30.7x -10.6x
FCF Yield -1.3% -3.68% 4.16% -1.61% 3.26% -9.41%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0056 0.0038 -0.688 -0.1022 -0.0356 0.0174
Distribution rate - - - - - -
Net sales 1 6.813 7.583 11.72 6.746 11.2 15.75
EBITDA 1 0.867 0.592 -2.702 0.381 1.079 1.185
EBIT 1 0.328 0.063 -3.263 -0.511 0.196 0.307
Net income 1 0.028 0.019 -3.44 -0.718 -0.028 0.087
Net Debt 1 5.23 5.112 3.252 4.905 4.078 4.069
Reference price 2 5.800 5.750 5.750 6.200 4.600 4.300
Nbr of stocks (in thousands) 5,000 5,000 5,000 5,000 5,000 5,000
Announcement Date 4/27/20 2/26/21 4/12/22 4/24/23 4/22/24 2/28/25
1BGN in Million2BGN
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 15.15M
27.13x3.98x12.74x4.86% 14.4B
13.19x - - 2.73% 4.81B
43.52x - - 0.58% 3.18B
18.07x - - 2.78% 2.54B
18.61x - - - 1.75B
26.53x1.61x10.54x1.69% 1.51B
86.34x - - - 1.12B
Average 33.34x 2.80x 11.64x 2.53% 3.66B
Weighted average by Cap. 27.55x 3.76x 12.53x 3.58%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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